The NZD/USD pair extended higher in the third session, hitting 0.6106 against the US dollar. increasing dollar weakness. The negative changes in the US. economic indicators, particularly disappointing June private employment data from ADP, and...
Today's gold price analysis: Weak dollar supports gold prices During yesterday's trading session, gold prices rose to $2,365 per ounce, maintaining their highest level in a month. The stock benefited from a fall in the dollar and Treasury yields as...
Reading the Language of Gold Prices We will explore the analysis of gold price fluctuations. On the H4 time frame, the channel is narrowing, with the price currently in its middle part. If the price moves to one of the borders and breaks through, we...
USD/CHF Technical Analysis (4-7-2024): The price action of the market suggests a sell trade today. If the price breaks the 0.9050 psychological level to the upside? Then, it will invalidate this short-term bearish outlook. The projected target of...
Gold began its biggest weekly reversal on Wednesday, rising to $2,365 before facing resistance. It is set to close above last week’s high of $2,340, indicating the strength of this divergence. Today’s peak tested resistance around the three-week...